- Please advise your loan agent to include these recommended
contents in your pre-approval letter:
- - Mortgage broker has reviewed current credit reports from
3 bureaus. Broker to state FICO score.
- - Mortgage broker has reviewed buyer's Verification of Income
(VOI), Verification of cash-to close (VOD)
- - Buyer's Income, Assets, Debt-to-Income Ratio (DTI), and
credit has been reviewed and is sufficient to obtain the required
mortgage in accordance with the rate / term as defined on the
- - Buyer is approved for purchase price up to $________, a
loan amount not to exceed _______% of the purchase price.
- - The type of loan must be stated (i.e., FHA, VA, Conventional,
- OR better yet, just obtain a DU (Desktop Underwriting)
- - Proof of Funds. Send Proof of Funds with your offer. [Copy
of checking/savings statement(s) and black out your account number(s)]